While you guys busy squandered, added more and more at the lowest price as of now. Once in a life time chance if you missed the up cycle from beginning of the year
6) 2011 relisted..2012 to 2014 make profit..2015 to 2018 make loss ..also make impairment rm 4.4 bil in 4 years..so fishy where r the money gone ??
7) The big boss AK being sue by India government in 2014...and 2015 start Armada make losses..
8) the big boss sue by India government together with Astro ex deputy executive chairman on Maxis money flow to India 5 times more than permitted.how..india minister father n son being sued also on corruption.
9) AK investment in India Aircel rm 25.7 bil go to drain as Aircel is apply insolvency bankrupt with debt rm 11.88 bil ...Aircel had sacked 2000 employee on August'2019..Maxis is Aircel ownership of 74%..
Mikecyc Haha Kon Mabell is mentally delusion in SD loh … Promoted TG at RM 7.25 to below RM 0.60 n Promoted SD at RM 0.57 n RM 0.42 in TG …
promoted Dnex at RM 1.02 .. now in Sapnrg loh … hahaha 07/06/2023 10:17 AM
nicholas99 mabel the cat stuck at sapnrg ka? 07/06/2023 10:20 AM
Haha SD, TG and Dnex all already lock profit. Old stories mah. why you all loves oldies.
For Trading, now Mabel is investing in Armada, Sapura and Air Asia. The later 2 are PN17 Companies. Ironically the two PN17 Companies are performing better than Armada in term of trading P&L.
Haha yesterday Mabel re-enter at 49.5 and 49 sen. Yes at current price of 47, Mabel is temporarily stuck. Hopefully not for long. Waiting for rebound after T3. Here's the latest weather forecast by Wall Streets.
Bumi Armada Berhad ARMADA Share Price 7 Day 1 Year 0.48 -24.8% 9.0%
Price target decreased by 11% to RM0.66. Down from RM0.74, the current price target is an average from 13 analysts. New target price is 36% above last closing price of RM0.48. Stock is up 9.0% over the past year. The company is forecast to post earnings per share of RM0.12 for next year compared to RM0.12 last year.
The big money is not in the buying and selling, but in the waiting. So we wait lor...
Dont be self-deceiving by saying" everything is going to be all right " and/or " trust the management of Armanda " etc etc..The management should have known better and dealt with it before it was made a big proportion out of it
Mikecyc Haha someone mentioned Kon TutTut n Kon Mabell :
Haha The most despicable one is Kacukan Tipuu TutTut/ Stingray / Ularsawa after got Attention in TSH …play Wayang on Recruitment , Telegram RM 100 membership fees pun mau main Tipuu Tipuu : 07/06/2023 10:13 AM
Bumi Armada May Resolve FPSO Vessel's Operations Suspension Soon -- Market Talk
Jun 6, 202310:20 GMT+8
Bumi Armada may resolve its Armada Kraken floating production storage and offloading vessel's suspension of operations in the short term, RHB IB analyst Sean Lim says in a note. He doesn't expect a "lumpy vessel impairment." Based on Lim's estimate, the Armada Kraken FPSO will generate about 30% to 35% of 2023 earnings. He therefore cuts his 2023 earnings forecast for the company by 14%, assuming a three-month interruption and additional maintenance expenses. RHB lowers Bumi Armada's target price to MYR0.73 from MYR0.80 but maintains a buy rating due to its attractive valuation and strengthening balance sheet. Shares are 21% lower at MYR0.50. (yingxian.wong@wsj.com)
Kraken is the main pillar for Armada. The turnaround is all depends on Kraken. If it fails, Armada will collapse. Don't forget, 5bil debt still in the book. Kraken still need to stand strong until mid-2025 (end of the contract term), to make Armada stable. Otherwise....all the way to LONGKANG.
Nope, most IB maintain " sell " calls.... It is believed that the Income would be reduced by about 43%. Hence, what was mentioned above by someone is misleading.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
KML889
1,092 posts
Posted by KML889 > 2023-06-07 09:29 | Report Abuse
While you guys busy squandered, added more and more at the lowest price as of now. Once in a life time chance if you missed the up cycle from beginning of the year